Michael Wenman Limited in Worthing, BN11 1QR

Description

Data updated on: 01-11-2023

The Michael Wenman Limited company has been operating offering its services for fourty five years, as it's been founded in 1979. Started with registration number 01415690, Michael Wenman is categorised as a Private Limited Company with office in Amelia House, Worthing BN11 1QR. The enterprise's registered with SIC code 68209 : Other letting and operating of own or leased real estate. The business latest accounts were submitted for the period up to 2022-02-28 and the latest confirmation statement was filed on 2023-06-30.

With regards to the business, all of director's assignments have so far been carried out by Michael W. who was arranged to perform management duties 33 years ago. The business had been directed by Michael W. up until 2015. Furthermore a different director, including Leah W. quit in 2014.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-28	2021-02-28	2022-02-28	2023-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	7 613 620	7 806 040	7 992 979	8 127 737	8 592 852

Balance Sheet
Cash Bank On Hand					259 201	141 774	13 085 530	9 455 202	1 249 960	3 156 282	2 415 419	2 502 245
Current Assets	833 677	797 335	924 210	953 711	1 128 740	1 315 145	14 973 079	12 156 337	12 582 335	13 065 586	13 203 232	13 262 840
Debtors	23 780	15 521				14 773	140 001	70 420	210 051	7 244 466	8 412 451	9 185 593
Net Assets Liabilities					17 185 421	18 297 883	25 150 904	25 248 860	25 653 840	26 244 891	25 806 888	25 846 536
Other Debtors						14 773		70 420	8 710 051	7 244 466	8 412 451	9 185 593
Property Plant Equipment					167 776	162 356	18 564	49 045	41 588	38 221	112 557	94 221
Total Inventories					869 539	1 158 598	1 747 548	2 630 715	2 622 324	2 664 838	2 375 362
Cash Bank In Hand		161	207 126	174 008	259 201
Intangible Fixed Assets	67 177	59 713	52 249	44 785	37 321
Stocks Inventory	809 897	781 653	717 084	779 703	869 539
Tangible Fixed Assets	8 393 643	8 376 680	8 388 204	8 392 737	8 367 776

Capital & Reserves
Called Up Share Capital	200	200	200	200	200
Profit Loss Account Reserve	1 971 122	2 186 542	2 467 132	2 621 490	3 059 805
Shareholder Funds	7 613 620	7 806 040	7 992 979	8 127 737	8 592 852

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					111 964	119 428
Accumulated Depreciation Impairment Property Plant Equipment					77 212	82 632	62 788	71 024	78 481	84 956	101 327	122 163
Additions Other Than Through Business Combinations Property Plant Equipment								38 717		3 108	90 707	2 500
Average Number Employees During Period								1	1	1	1	1
Bank Borrowings Overdrafts					424 712	226 359
Creditors					424 712	226 359	2 620 944	210 007	242 497	211 379	136 416	178 767
Dividends Paid						31 500		10 000
Fixed Assets	8 460 820	8 436 393	8 440 453	8 437 522	8 405 097	21 192 213	15 079 333	15 677 975	15 689 418	15 686 051	15 760 387	15 775 678
Increase From Amortisation Charge For Year Intangible Assets						7 464
Increase From Depreciation Charge For Year Property Plant Equipment						5 420	3 492	8 236	7 457	6 475	16 371	20 836
Intangible Assets					37 321	29 857
Intangible Assets Gross Cost					149 285	149 285
Investment Property					20 000 000	21 000 000	15 060 769	15 628 930	15 647 830	15 647 830	15 647 830	15 681 457
Investment Property Fair Value Model							15 060 769	15 628 930	15 647 830	15 647 830	15 681 457
Net Current Assets Liabilities	293 171	257 620	421 401	376 320	638 267	739 844	12 352 135	11 946 330	12 339 838	12 854 207	13 066 816	13 084 073
Number Shares Issued Fully Paid							200
Other Creditors					188 847	278 165	52 439	168 685	143 638	63 509	64 421	164 488
Other Disposals Decrease In Amortisation Impairment Intangible Assets							119 429
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							23 336
Other Disposals Intangible Assets							149 285
Other Disposals Property Plant Equipment							163 636
Other Taxation Social Security Payable					100 679	81 848	2 567 612	40 429	98 459	142 908	70 807	13 199
Par Value Share		1	1	1	1		1
Profit Loss					1 275 684	1 143 962	12 133 746	107 956	404 980
Property Plant Equipment Gross Cost					244 988	244 988	81 352	120 069	120 069	123 177	213 884	216 384
Provisions For Liabilities Balance Sheet Subtotal					3 233 232	3 407 815	2 280 564	2 375 445	2 375 416	2 295 367	3 020 315	3 013 215
Total Assets Less Current Liabilities	8 753 991	8 694 013	8 861 854	8 813 842	9 043 364	21 932 057	27 431 468	27 624 305	28 029 256	28 540 258	28 827 203	28 859 751
Trade Creditors Trade Payables					8 353	16 934	893	893	400	4 962	1 188	1 080
Trade Debtors Trade Receivables							140 001
Creditors Due After One Year	1 093 271	833 673	804 275	617 305	424 712
Creditors Due Within One Year	540 506	539 715	502 809	577 391	490 473
Intangible Fixed Assets Aggregate Amortisation Impairment	82 108	89 572	97 036	104 500	111 964
Intangible Fixed Assets Amortisation Charged In Period		7 464	7 464	7 464	7 464
Intangible Fixed Assets Cost Or Valuation	149 285	149 285	149 285	149 285	149 285
Number Shares Allotted		200	200	200	200
Provisions For Liabilities Charges	47 100	54 300	64 600	68 800	25 800
Revaluation Reserve	5 642 298	5 619 298	5 525 647	5 506 047	5 532 847
Share Capital Allotted Called Up Paid	200	200	200	200	200
Tangible Fixed Assets Additions			113 653	62 985	20 200
Tangible Fixed Assets Cost Or Valuation		8 434 918	8 454 920	8 469 638	8 444 988
Tangible Fixed Assets Depreciation		58 238	66 716	76 901	77 212
Tangible Fixed Assets Depreciation Charged In Period			8 478	13 901	6 473
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				3 716	6 162
Tangible Fixed Assets Disposals				28 667	71 650
Tangible Fixed Assets Increase Decrease From Revaluations			-93 651	-19 600	26 800